Erie, PA (August 16, 2022) – Federal Resources Corporation (FRC) is ranked 5th in PA on Inc.’s annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. FRC also ranked 5th in government services nationwide and 235th overall in all privately qualified companies. FRC has been on the Inc. 5000 list four times in a row.
“From last year’s 708 ranking, this is a major bump up for FRC and for Erie,” said Jeremy Young, CEO, FRC. “This ranking represents a staggering 2,236% growth rate over three years — the bar is high in 2023 but our star is still rising. Our reputation is growing and our team is energized to keep on rising. What a great story this is for our team, clients, and our community.”
The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment — independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
“It’s an honor to be recognized by Inc. 5000, again, we don’t take it for granted” said Sarn Bien-Aime, Chief Revenue Officer, FRC. “All businesses, especially small businesses, have faced unique challenges over the past couple of years to find innovative ways to connect with and execute for their customers and industry partners to sustain growth. We are proud of this and extremely thankful for our employees who continue to embrace the opportunity to serve our customer’s difficult mission.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
Federal Resources Corporation, a HUBZone Certified Small Business mission-focused aggregator, operates at the forefront of cybersecurity & privacy, intelligence, and strategic communications. It designs data protection, extensions of network protection, cyber threat detection and intelligence analysis strategies to ensure rapid response, recovery and continued fortification of client networks.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.